Flue Gas Desulfurization (FGD) Systems Market Analysis to 2020

Flue Gas Desulfurization (FGD) Systems Market Analysis to 2020 - Global Market Size, Equipment Market Share,Competitive Landscape, Regulations and Pricing Growing Flue Gas Desulfurization Systems Market The increasing demand for electricity owing to the growing population and economic development worldwide is the most important factor for the growth of the global FGD (Flue Gas Desulfurization) market.Thermal power is still the dominant source of energy in the world and although its share is scheduled to decrease in future, it will still remain as one of the most important sources of power for many years. With many new coal fired plants scheduled to come online in the near future all over the world, the FGD market is expected to grow and experience significant new activities. With the lack of new power plants in 2009 (because of the financial crisis), the global FGD market suffered a significant slump, falling to $2506m in that year.

However, owing to many upcoming coal fired plants, expectations for regulation to become more stringent, and many other factors, the emission control systems market is expected to rise again in future,with GlobalData forecasting revenues to reach $4,763m in 2020.The global FGD market is characterized by intense competition among some big players. The competition is fierce, characterized by big brands competing to attain the market leadership position in the FGD market. Alstom SA has managed to stay at the helm of affairs in the FGD systems market for the last few years. It has been leading the global FGD systems market since 2004.

However the margins between Alstom and other manufacturers have been very minute.

Other players in this market are Babcock and Wilcox Company, Marsulex Environmental Technologies, Mitsubishi Heavy Industries, and others.

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